UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549
                                  -------------

                                    FORM 8-K
                                  -------------

                                 CURRENT REPORT
                     PURSUANT TO SECTION 13 OR 15(D) OF THE
                         SECURITIES EXCHANGE ACT OF 1934


          Date of report (Date of earliest event reported): MAY 7, 2004



                         KERYX BIOPHARMACEUTICALS, INC.
               (Exact Name of Registrant as Specified in Charter)



                                                              


                 DELAWARE                      000-30929                        13-4087132
       (State or Other Jurisdiction     (Commission File Number)    (IRS Employer Identification No.)
             of Incorporation)




                              750 LEXINGTON AVENUE
                            NEW YORK, NEW YORK 10022
                    (Address of Principal Executive Offices)

                                 (212) 531-5965
              (Registrant's telephone number, including area code)













ITEM 7.  FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION AND EXHIBITS.

(c)      Exhibits

         The following exhibit is filed as a part of this report:

         EXHIBIT
         NUMBER            DESCRIPTION
         ------            -----------

         99.1              Press Release dated May 7, 2004.


ITEM 12.  RESULTS OF OPERATIONS AND FINANCIAL CONDITION

         On May 7, 2004, Keryx Biopharmaceuticals, Inc. ("Keryx") issued a press
release announcing results of operations for the first quarter ended March 31,
2004. Keryx also announced that it would host a conference call on May 10, 2004
for investors where Keryx will discuss its results of operations and financial
results. A copy of such press release is attached to this current report on Form
8-K as Exhibit 99.1 and is being furnished under Item 12 of Form 8-K.






                                   SIGNATURES


         Pursuant to the requirements of the Securities Exchange Act of 1934,
the registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.


                                               KERYX BIOPHARMACEUTICALS, INC.
                                               (Registrant)



Date:  May 7, 2004

                                               By: /s/ Ron Bentsur
                                                   --------------------------
                                                   Ron Bentsur
                                                   Vice President Finance and
                                                   Investor Relations






                                INDEX TO EXHIBITS


         EXHIBIT
         NUMBER            DESCRIPTION
         ------            -----------

         99.1              Press Release dated May 7, 2004.